Soybeans Gapped Higher Overnight
Informa put out their forecasts for crops on Friday
Soybeans gapped higher overnight and were poised to go into the break with a 10-cent advance. Corn and wheat were also higher, extending gains from the end of last week.
Weekly Cash Comments
Weekly Cash Commentary for week ending 08/05/2016
National basis was mixed to end the week.
Soybeans Gain in the Overnight Session
Crude prices end their two day rally
Grains found support in the overnight session. Soybeans lead the bounce, gaining almost 16 cents.
US Corn Exports Gearing Up for Expansion
Grains Continue their Solid Gains
US Dollar and Equity Futures Positive
Grains yet again came into the morning break with solid gains, but in past sessions have been unable to hold those gains once day-trading commences.
Are Soybeans Getting Ready to Surprise the Bears?
Soybeans Lead the Overnight Gains
US Dollar Slightly Higher
Grains were higher overnight led by soybeans which posted nearly double-digit gains in the night session.
Steep Slide in Soybeans Yesterday
US Dollar Falls to 6-week lows
Grains found little relief overnight following yesterday’s steep slide in soybean prices. Overall the grain complex was mixed. In outside markets, crude oil tried to bounce off of it's $40 a barrel low while the US dollar fell to 6-week lows.